Letter of Demand to Tropicana for your further actions. I do hope that someone can take the lead and compile name of Purchasers to be send to Tropicana.
I just don't have the time but at least I help to draft a simple letter. So am hoping for someone to take the next step to protect our mutual interest.
“To the Management of Tropicana Corporation Berhad (“Tropicana”)
We as named below are the Purchasers of Phase 1 of Tropicana Heights also known as Fairfield.
To recapitulate, Fairfield comprises of Link-houses measuring an average of 22’ * 70’ in a Landed Individual Title development.
Through our various visits to your Sales Gallery such as during your Official Sales Launch and thereafter and through our various interactions with your various Sales Staff, we were informed as follows:
(a) Phase 1 of Tropicana Heights, also known as Fairfield will be the ONLY LINK-HOUSE development in Tropicana Heights
(b) Subsequent Phases will comprise only of Detached Houses such as Semi-Detached Houses, Cluster Houses, Bungalows and Highrise Condominiums
© Fairfield represents a “ONCE IN A LIFETIME” opportunity to own a link house in the Tropicana Heights development
Hence, when it came as a big shock and disappointment when we saw the banners of Phase 2 of Tropicana Heights also known as Parkfield which comprises of:
(a) Link-Houses measuring 22 * 75; and
(b) 3-Storey Cluster Houses;
in a Gated and Guarded Development. Some of the Purchasers below have made enquires to your Sales Office and was informed that Parkfield will be a “Landed Strata Title development” and will be a truly “Gated and Guarded Development”
We feel shortchanged and cheated as:
(a) Tropicana has deviated from its earlier promise that Fairfield would be the only link-houses in Tropicana Heights development
(b) Phase 2 as a truly “Gated and Guarded” development under “Landed Strata Title” development is superior to Fairfield which is only “Fence and Guarded” as it is not a Strata Development..
© The Size of Parlkfield of 22’ * 75’ is much superior to Fairfield of 22’ * 70’ and will once again cause the Market Value of Fairfield to suffer
(d) From our understanding, the indicative launch price of Parkfield is only at a 5% premium to the average prices paid by us. This will even depress the future market price of Fairfield.
(e) If the Purchasers were told that Parkfield will be launched in less than 12-months and with superior features, many of us would held back our purchase of Fairfield and would have opted to purchase Parkfield instead. However, most of us cannot afford to purchase an additional property so soon.
(f) Tropicana had a good track record of enhancing the market value of the property its previous purchasers / launches. Hence, what Tropicana is currently doing for Fairfield and Parkfield is deeply shocking and disappointing.
We demand the following:
(a) that Tropicana scrap the future launches of any link-houses in Tropicana Heights so that Fairfield will be the only link-house development in Tropicana Heights. This was what was promised your various Sales Staff
(b) If Tropicana is unwilling to scrap the launches of future link-houses, we propose that Tropicana compensate the buyers of Fairfield for loss of the future market value of our properties by giving an additional rebate of ten percent (10%) from the Sales and Purchase Agreement price for our various units.
We look forward to a favourable response from you soonest possible
Name of Purchaser(s) / Unit No.”
Read this in Tropicana Heights forum. Just wow.